Denver, CO – February 11th, 2022 – NorthPeak Commercial Advisors, LLC is pleased to announce the sale of 310 W Archer Pl, located in Denver, CO.
Principals Joe Hornstein and Scott Fetter (NorthPeak Commercial Advisors) represented both the buyer and seller in this transaction.
“The Buyer was in 1031 exchange we were able to put this deal together with past client off-market to help them satisfy their exchange requirements,” Hornstein said. “The properties were updated by previous owner and really has no deferred maintenance.”
For more information on this investment or current market conditions, please contact Joe Hornstein at 720-939-2943 or joe@northpeakcre.com.
SALE HIGHLIGHTS
- Property Type: Multifamily
- Closed Date: February 11th, 2022
- Address: 310 W Archer Pl
- Sale Price: $4,550,000
- Property SF: 8,931 SF ($509/SF)
- Cap Rate: 4.05%
